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Elizabeth Holmes exposed: the $9 billion medical ‘miracle’ that never existed | 60 Minutes Australia

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  • Elizabeth Holmes exposed: the $9 billion medical ‘miracle’ that never existed | 60 Minutes Australia

    27:11

    Subscribe here: Full Episodes: | Blood Money (2021)

    Elizabeth Holmes promised the world a medical revolution. At 19, she claimed to have invented a miniaturised machine that with a single drop of blood could map a person’s health quickly, reliably and cheaply. She boasted that her technology meant serious diseases like cancer would be prevented before they happened. And it was not only a “wow” moment for patients. High-profile investors rushed to pour a fortune into Holmes’ company, Theranos, and she became Silicon Valley’s first self-made female billionaire. But as Tara Brown reports, her invention was an invention – it simply didn’t work. Elizabeth Holmes is no visionary. She’s a cruel fraudster who has put people’s lives at risk, and because of that, now faces 20 years in jail.

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  • Ex-Theranos CEO Elizabeth Holmes says I dont know 600+ times in depo tapes: Nightline Part 2/2

    5:22

    In never-before-broadcasted depositions, attorneys for the Securities and Exchange Commission ask Holmes questions about whether she helped orchestrate an elaborate, years-long fraud.

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    'Nightline' documentary, podcast: 'The Dropout,' the story of Elizabeth Holmes, Theranos ---

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  • Theranos – Silicon Valley’s Greatest Disaster

    24:38

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    Theranos, what seemed like one of the most ground breaking companies of the 21st century ended up being one of Silicon Valley's greatest failures. How did Elizabeth Holmes manage to fool the world? In this video we find out the twisting rollercoaster of a story.
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  • Elizabeth Holmes & The Theranos Deception | 60 Minutes Archive

    14:03

    Elizabeth Holmes has been found guilty on four counts of wire fraud. In 2018, Norah O’Donnell reported on Theranos, the company led by Holmes with a blood-testing machine that could never perform as touted that went from a billion-dollar baby to a complete bust.

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  • Elizabeth Holmes: The Valley of Hype behind the rise and fall of Theranos documentary

    1:15:05

    #ElizabethHolmes #Theranos #ValleyofHype
    Elizabeth Holmes became the world’s youngest self-made female billionaire as CEO of her biotech startup, Theranos. The former Silicon Valley darling now faces criminal trial and 20 years in prison over the Justice Department’s charges that she used the once-hyped blood testing company to defraud investors.
    Yahoo Finance is turning the page on Theranos, examining arguments to be raised in Holmes’ defense and the culture that fueled her rise and fall. Interviews with a Theranos board member and employee who have never spoken out, as well as experts on Silicon Valley, raise the possibility that Holmes, rather than being a villain, is a victim of a Silicon Valley ethos that values a perfect pitch over proven results.
    Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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  • Theranos Founder Elizabeth Holmes’ Fraud Trial Gets Underway

    2:05

    The criminal trial of Elizabeth Holmes began today. The prosecution alleges Theranos, a $9 billion blood-testing company she founded, was based on a lie. Holmes has been charged with multiple counts of fraud and conspiracy to commit fraud. She has pleaded not guilty.» Subscribe to NBC News:
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    Theranos Founder Elizabeth Holmes’ Fraud Trial Gets Underway

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  • Elizabeth Holmes: Theranos founder guilty of fraud

    9:09

    She was once feted as the world's youngest female self made billionaire who promised that her blood testing start-up would transform the future of healthcare but now Elizabeth Holmes has been found guilty of four counts of fraud - in a case which came to symbolise Silicon Valley's ethos of hype and corporate greed.

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    Holmes - who managed to dupe some of the world's richest and most powerful businessmen - now faces decades in jail.
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  • Is COVID-19 making humans less intelligent? | 60 Minutes Australia

    14:26

    Subscribe here: Full Episodes: | The Young Ones (2021)

    It seems a lifetime ago, but back in the early days of the pandemic last year the overriding concern about the virus was that it predominantly attacked older people. However, with the Delta strain running rampant and vaccination rates still low, it’s the under-40s who are now suffering. In the hotspots of New South Wales and Queensland, they make up the majority of new COVID infections. And it includes a frightening number of school children, which is particularly alarming for researchers who predict young ones will be scarred by this disease for decades to come.

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  • Elizabeth Holmes convicted on 4 counts of fraud

    1:34

    Theranos founder Elizabeth Holmes was found guilty on four counts of fraud. She was acquitted on another four, and there is no verdict on three remaining counts.

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  • Theranos founder Elizabeth Holmes found guilty of fraud

    2:10

    Years after captivating doctors and investors with a revolutionary blood-testing technology that actually never worked, Theranos founder Elizabeth Holmes has been found guilty on four counts of fraud.

    As CEO of Theranos, the company she founded at age 19, Holmes promised to dramatically change medicine with technology that could test for hundreds of health problems with just the prick of a finger and a few drops of blood -- faster than traditional lab tests, at a fraction of the price.

    Jackson Proskow explains how Holmes went from being the world's youngest self-made woman billionaire, to facing decades in prison.

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  • Theranos founder Elizabeth Holmes found guilty of conspiracy and fraud | The World

    2:13

    A former tech billionaire once hailed as a visionary is facing a lengthy prison sentence after being convicted of fraud and conspiracy. Elizabeth Holmes' company Theranos had promised to revolutionise the healthcare industry by detecting various diseases using a few drops of blood. But as Manny Tsigas reports, prosecutors accused her of knowingly lying about the technology to defraud investors and patients.

    manny tsigas reports.

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  • The fall of Elizabeth Holmes: how Silicon Valleys trial of the century unfolded

    4:29

    Elizabeth Holmes, founder of the collapsed blood testing company Theranos, is facing decades in prison after being found guilty of conspiring to defraud her investors out of billions. The Guardian’s Rupert Neate explains how she went from the next Steve Jobs to convicted fraudster 
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  • EXPOSED: Is this alleged Ponzi scheme Australias biggest financial scandal? | 60 Minutes Australia

    24:31

    Subscribe here: Full Episodes: | Swindle of the Century? (2021)

    Calling someone a con artist often implies a degree of expertise, even admiration, for what is in fact despicable crime. It’s not art, it’s theft, and it takes a particularly heartless and greedy person to do it. Sydney’s Melissa Caddick was a perfect example. She took more than $25 million from her own family and friends, who lost everything. She’s now presumed dead, so discovering why she acted so shamefully will remain unknown forever. Caddick though is starting to look like a cheap pretender compared to Chris Marco. Over 20 years he has taken a quarter of a billion dollars from investors, and now most of their money is missing. But Marco is very much alive, and on 60 MINUTES, Liam Bartlett tracks him down to find out where the millions all went.

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  • BREAKING: Elizabeth Holmes Found Guilty On Four Counts Of Fraud

    3:46

    Theranos founder Elizabeth Holmes was convicted of four federal fraud charges Monday and acquitted on four others while a jury deadlocked on the three remaining charges after months of trial. NBC News' Ben Popken breaks down the verdict. 
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    #ElizabethHolmes #Theranos #News

  • Theranos Founder Elizabeth Holmes on Trial: What to Expect | WSJ

    11:36

    As the long-awaited trial of Theranos founder and former CEO Elizabeth Holmes gets underway, WSJ looks back at the scandal’s biggest milestones and speaks with legal reporter Sara Randazzo about what we can expect to see in the fraud trial. Photo Illustration: Adele Morgan/WSJ

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  • How three children survived being stranded on a deserted island | 60 Minutes Australia

    14:20

    Subscribe here: Full Episodes: | Castaways (2004)

    Their survival is quite extraordinary, their story, unique. Little wonder that on remote Badu Island, in the Torres Strait, the locals are calling it a miracle. Three children, castaway, all alone on a deserted island living on coconuts and oysters. But first there was that disaster at sea; an accident that would claim the lives of their parents and another child, a three-year-old. Then the marathon swim through treacherous waters, braving sharks and crocodiles. And they're just youngsters, remarkable, courageous youngsters now telling their story for the first time.

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  • The Devil wears Dior: Where is Melissa Caddick and the missing millions? | 60 Minutes Australia

    37:56

    Subscribe here: Full Episodes: | The Devil wears Dior (2021)

    By all accounts Melissa Caddick loved the good things in life. And splashing cash on anything she wanted was never a problem. She was loaded. Caddick always looked a million bucks in her designer clothes, she travelled first class everywhere, and called a stunning Sydney mansion home. She claimed her wealth was the result of her brilliance in business, and generously for her friends and family, she offered to share her financial secrets. The deal she proposed to them was simple: if they trusted her with their retirement savings, everyone would win. But it was a lie. Eleven weeks ago, Melissa Caddick and twenty million dollars of money that wasn’t hers suddenly vanished.

    Tom Steinfort reports the latest developments in the police search for Caddick; traces her last known moments before she disappeared; interviews the former friends who were duped after entrusting her with their hard-earned savings; and asks Caddick’s husband, Anthony Koletti, about the accusations against his wife.


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  • Miracle cancer Doctor scamming the terminally ill | 60 Minutes Australia

    17:38

    Subscribe here: Full Episodes: | Doctor Death (2011)

    It's hard to comprehend how anyone could be so greedy or so cruel. Dr Hellfried Sartori claims he can cure terminal cancer. It isn't true, of course. But what makes Dr Sartori's scam truly despicable is that he doesn't just empty out his victims' bank accounts. The last days of life are painful hell for his patients, as they're dosed up on powerful chemicals that poison their systems. His treatment has already failed to save twenty four Australians. And yet it seems nothing can be done to stop him.

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  • The invisible enemy: Cyber terrorists wreaking havoc and costing billions | 60 Minutes Australia

    26:37

    Subscribe here: Full Episodes: | At War (2021)

    The world is at war. Every minute of every day, governments, institutions and companies, many in Australia, fight for survival in combat against cyber criminals. The enemy is not only evil, but also extremely clever in attempting to extort money from often unsuspecting organisations. Stealth is one of the hackers’ most potent weapons, enabling maximum mayhem and catastrophic damage. Three months ago, NINE, Australia’s largest locally owned broadcasting and publishing company, was attacked. On 60 MINUTES, Tara Brown reports from the frontline of this extraordinary cyber battle: a sinister infiltration that led to an incredible fightback which tested the best technical minds in the country.

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  • Foreign Accent Syndrome: The medical mystery leaving analysts stumped | 60 Minutes Australia

    18:24

    Subscribe here: Full Episodes: | The Life of Brain (2021)

    At first it sounds so unbelievable it’s laugh-out-loud funny, but this story is certainly no joke. Foreign Accent Syndrome is an extremely rare and baffling condition that affects the way people speak. One moment they’re completely normal, the next they’re talking as if they were born and raised in another country. Sarah Abo meets two Australian women who unexpectedly started speaking in accents that suggested they’d spent all their lives in Ireland. For years, FAS has left experts scratching their heads, but that could finally be changing with a Sydney neuroscientist trying to unlock the secrets of this strange syndrome by using state of the art technology to map what’s going on inside the brain. It’s very welcome news for those who are struggling to recognise the sound of their own voice.

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  • Jury reaches partial guilty verdict in Elizabeth Holmes trial

    1:51

    Theranos founder Elizabeth Holmes has been convicted of four counts of fraud, but was acquitted on four other charges. The jury deadlocked on the remaining three counts. Anna Werner has the latest.

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  • How this father and daughter miraculously survived being stranded at sea | 60 Minutes Australia

    20:09

    Subscribe here: Full Episodes: | Adrift (2021)

    Glenn Anderson has learnt one of life’s very tough lessons the hard way: no amount of careful planning will ever be enough to fully mitigate danger. Seven weeks ago, the experienced yachtsman took his 11-year-old daughter Ruby on what was supposed to be an unforgettable adventure, a 1200km sailing trip exploring the wild and remote coast of Western Australia. It’s true that they’ll never forget it, but not for the right reasons. Father and daughter nearly died after a rogue wave capsized their yacht and they were hurled into the ocean. How they survived, badly injured and kilometres from shore, is an incredible story of strength and plain good luck. As Liam Bartlett reports, it’s also an important reminder to never underestimate the power of the sea.

    Footage credit: Sailing Uma (

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  • Another Theranos insider testifies against founder Elizabeth Holmes as trial continues

    2:24

    CNBC's Scott Cohn joins Shep Smith to report on the latest developments in the trial of Theranos founder Elizabeth Holmes. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

    Daniel Edlin, a former Theranos project manager who was friends with Elizabeth Holmes’ brother, testified on Friday that Holmes told him to conceal parts of the company’s lab to potential investors and other important visitors.

    Edlin, who worked at Theranos from September 2011 to December 2016, attended Duke University, where he was friends with Christian Holmes, the younger brother of the Theranos founder. He told jurors in Elizabeth Holmes’ criminal trial that during tours at Theranos, visitors would be shown a demo room with the company’s MiniLab, its blood-testing technology.

    Holmes and Ramesh “Sunny” Balwani, Theranos’ former president, decided where the guests would go.

    “I recall that in advance of the tour there would be certain areas of the labs that were hidden by a partition,” said Edlin, who reported directly to Holmes. “Often times [it was] areas where there were Theranos devices to make sure whoever was in the tour couldn’t see them.”

    Holmes’ trial began last month, and prosecutors are continuing to call witnesses. The Theranos founder is charged with 12 counts of wire fraud and conspiracy after her blood-testing start-up, once valued at $9 billion, collapsed beginning in 2015. Holmes pleaded not guilty, as did Balwani, who will be tried separately.

    Edlin told jurors that his job at the company was to focus on supporting relationships with business partners like Walgreens. He said he left Theranos to attend business school, and “at that time I no longer believed based on what I was seeing that the company was capable of standing behind the claims it was making about its skill.”

    His departure came about a year after the Wall Street Journal, in a series of articles, exposed the company’s technology flaws and business shortcomings.

    “I just no longer wanted to be in that type of environment,” he said. Edlin added that he didn’t learn until 2016 that the MiniLab wasn’t used on patients.

    Edlin was one of many friends of Holmes’ brother from Duke who went to work for Theranos. He said they interviewed as a group.

    “We didn’t discuss too many details at the time but it sounded like there was a lot of potential,” Edlin said.

    Edlin told jurors that Holmes was in the office “all the time really from early morning until late in the evening” and frequently on weekends. He said there was a period where he met with Holmes daily.

    His testimony continues on Tuesday.

    Lance Wade, a defense attorney for Holmes, told the judge on Friday that he was “deeply troubled” by the prosecution’s line of questioning with certain witnesses, including former lab directors Sunil Dhawan and Adam Rosendorff.

    Wade said that certain questions the prosecutors have asked the former lab workers seemed to imply that Theranos employees were falsifying information or data.

    “There’s been questions with a couple witnesses now that to our ear create an impression that there’s some underlying falsification or data integrity issue,” Wade said. He added, “there’s no evidence of that in the case.”

    Wade said that line of questioning “has obviously very prejudicial implications for our client.”

    Jeff Schenk, an assistant U.S. attorney prosecuting the case, said the questions for Dhawan were intended to show jurors that he was making assumptions about what was happening inside the lab.
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  • Mixed verdict in trial of Elizabeth Holmes

    3:54

    CNBC's Scott Cohn joins The News with Shepard Smith to report on the mixed jury verdict of Theranos Founder Elizabeth Holmes. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

    Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial.

    The jury of eight men and four women were handed the case in mid-December after three months of proceedings and testimony from 32 witnesses. Deliberations lasted more than 50 hours over seven days.

    In the end, the jurors convicted Holmes of one count of conspiracy to commit wire fraud and three counts of wire fraud against specific investors. U.S. District Court Judge Edward Davila will sentence Holmes at a later date. She faces up to 20 years in prison.

    Holmes was found not guilty on four charges and the jury determined there was no verdict on the other three. Jurors told Davila earlier on Monday that they were deadlocked on three of the 11 charges. Davila later declared a mistrial on those three counts and scheduled a status meeting for next Monday.

    Once heralded as the next Steve Jobs, Holmes raised $945 million from high-profile investors including the family of Betsy DeVos, Rupert Murdoch and the Walmart-founding Walton family. Theranos, at its peak, was valued at $9 billion.

    Holmes was ultimately convicted of defrauding PFM Healthcare Master Fund, a San-Francisco based health-care hedge fund, out of over $38 million; Lakeshore Capital Management, a fund connected to the DeVos family, of almost $100 million; and Mosley Family Holdings, an LLC associated with former estate attorney Daniel Mosley, of close to $6 million.

    As the jury handed was handing down its decisions, Holmes appeared stoic, showing little emotion and looking straight ahead. After the verdict was read, she went over to her family and embraced them.

    Holmes exited the courthouse at around 5:25 p.m. PT, without taking questions from reporters. Her attorneys also left without providing a comment.

    Since its start on Sept.8, the Holmes trial attracted worldwide media attention. In the final weeks of proceedings, journalists and spectators began lining up at 2 a.m. to obtain one of the 34 tickets for the main courtroom or 45 tickets for the overflow room.

    Jurors heard impassioned pleas in closing arguments from the government and Holmes’ defense.

    Assistant U.S. Attorney Jeffrey Schenk told the jury that Holmes “chose fraud over business failure. She chose to be dishonest with her investors and patients. That choice was not only callous, it was criminal.”

    Schenk reminded the jury that Holmes’ own employees repeatedly told her the technology simply didn’t work, yet she kept raising money on false claims.

    Prosecutors also tried to convince the jury to disregard Holmes’ claims that her top executive and then-boyfriend Ramesh “Sunny” Balwani abused her. Blaming Balwani was central to Holmes’ defense strategy.

    However, thousands of private text messages between Holmes and Balwani, obtained by CNBC, undercut some of Holmes’ claims. The messages, which span from June 2011 to July 2016, revealed romantic musings between the two. They showed a high-flying lifestyle while their start-up was bleeding hundreds of millions of dollars.

    ‘Down with the ship’

    “You do not need to decide whether that abuse happened to reach your verdict,” Schenk said. “The case is about false statements made to investors, false statements made to patients.”

    In his closing argument, Kevin Downey, an attorney for Holmes, told the jury that his client acted in good faith and “believed that she built a technology that could change the world.”

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  • Theranos founder Elizabeth Holmes convicted of fraud - BBC News

    3:06

    Elizabeth Holmes, founder of health technology company Theranos, has been convicted of defrauding investors after a landmark trial in California lasting several months.

    Prosecutors said Holmes knowingly lied about technology she said could detect diseases with a few drops of blood.

    Jurors found Holmes guilty of four charges, including conspiracy to commit fraud against investors and three counts of wire fraud, all of which she denied.

    The charges carry a maximum prison term of 20 years each, but Holmes was not taken into custody, with no date confirmed yet for sentencing and a further hearing scheduled next week.

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  • Elizabeth Holmes is GUILTY: How the Theranos CEO Scammed $9B

    7:07

    How the Theranos CEO Invest in iconic artworks with Masterworks using my custom link:

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    Sources:
    0:27 Elizabeth Holmes photo: @theranos on Twitter
    0:31 Larry Ellison photo:
    Oracle PR Hartmann Studios, CC BY 2.0 via Wikimedia Commons
    0:35 Ruper Murdoch photo: Eva Rinaldi, CC BY-SA 2.0 via Wikimedia Commons
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    Fortune, New York Times, Forbes
    3:27 TechCrunch, CC BY 2.0 via Wikimedia Commons
    3:39 Matthew Yohe at en.wikipedia, CC BY-SA 3.0 via Wikimedia Commons
    3:55 kellywritershouse, CC BY 2.0 via Wikimedia Commons
    4:17 Photo by Max Morse for TechCrunch TechCrunch, CC BY 2.0 via Wikimedia Commons

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    Interviews referenced in video:
    3:18 Tech Nation interview with Elizabeth Holmes by Dr. Moira Gunn, KQED, May 2005
    Listen to the full interview here:

  • What Elizabeth Holmes conviction means for tech entrepreneurs, startups

    5:56

    Elizabeth Holmes, founder of the blood testing company Theranos and a one-time darling of Silicon Valley, has been convicted of fraud. The verdict came down Monday night in the closely watched case and trial that rippled beyond the tech world. Stephanie Sy gets an assessment of the verdict.

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  • Reporter who broke Theranos scandal predicts outcome of trial

    9:43

    CNBC's Yasmin Khorram sits down with author and reporter John Carreyrou to discuss the criminal fraud trial of former Theranos CEO Elizabeth Holmes and his new podcast: Bad Blood: The Final Chapter.

  • Theranos’s invention never would have worked. Here’s why.

    5:21

    Elizabeth Holmes has been found guilty of four out of 11 federal charges relating to wire fraud, deceiving investors by making unsubstantiated claims about her revolutionary Edison machine. But that machine never would have worked — at least not in the way Holmes intended. Still, other promising companies are continuing to make progress with blood diagnostics that can do more with smaller volumes of blood,. Here’s what’s really possible.

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  • SNEAK PEEK: Blood Money | 60 Minutes Australia

    1:01

    Subscribe here: Full Episodes: |

    She pretended to be the next Steve Jobs and convinced the best business leaders to bankroll her medical treatment miracle. But, SUNDAY on 60 Minutes, the wannabe superstar entrepreneur had a 9 billion dollar problem. She knew her invention didn’t work!

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  • Theranos Founder Elizabeth Holmes Goes On Trial For Fraud Tuesday

    2:51

    Former Silicon Valley billionaire Elizabeth Holmes goes on trial Tuesday in San Jose, Calfornia, charged with using her medical testing company, Theranos, to cheat both investors and patients. NBC’s Natalie Morales reports for TODAY.

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    #Theranos #ElizabethHolmes

  • At home with Crocodile Dundee star and Australian icon Paul Hogan | 60 Minutes Australia

    14:26

    Subscribe here: Full Episodes: | Hoges at Home (2001)

    He is filthy rich and never has to work again, yet Paul Hogan has just done what he swore he would never do - a third Crocodile Dundee movie. The first two 'Crocs' made over a billion dollars, and that is a hard act to follow. Not that Hoges is too bothered, he says with a baby son and a beautiful wife life could not be better. 60 Minutes first met Paul in 1984 when the larrikin Aussie matched wits with George Negus. What neither knew then is that George's son Serge would end up playing Paul's son in his latest film. So, it seemed appropriate that George (who has been generously loaned out to us by the ABC) should do this interview with Hoges and his wife Linda at their home in Possum Creek, near Byron Bay.

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  • Elizabeth Holmes and Sunny Balwanis puzzling partnerships: Valley of Hype part 3

    13:49

    #ElizabethHolmes #SunnyBalwani #ValleyofHype
    Valley of Hype: The culture that built Elizabeth Holmes
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    WATCH THE FULL DOCUMENTARY HERE:

    #ElizabethHolmes #Theranos #ValleyofHype
    Elizabeth Holmes became the world’s youngest self-made female billionaire as CEO of her biotech startup, Theranos. The former Silicon Valley darling now faces criminal trial and 20 years in prison over the Justice Department’s charges that she used the once-hyped blood testing company to defraud investors.
    Yahoo Finance is turning the page on Theranos, examining arguments to be raised in Holmes’ defense and the culture that fueled her rise and fall. Interviews with a Theranos board member and employee who have never spoken out, as well as experts on Silicon Valley, raise the possibility that Holmes, rather than being a villain, is a victim of a Silicon Valley ethos that values a perfect pitch over proven results.

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  • Elizabeth Holmes Interviews Used as Evidence in Theranos Trial

    2:29

    In a strange twist, Elizabeth Holmes spent time in court Tuesday watching herself in interviews she gave to CNBC as prosecutors continued to try to convince the jury she was in charge at Theranos — calling the shots. Scott Budman reports.

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  • Elizabeth Holmes: Theranos founder convicted of fraud | 7NEWS

    1:18

    An American biotech billionaire is facing decades behind bars after being convicted of fraud and conspiracy charges.

    Elizabeth Holmes was considered the golden girl of Silicon Valley and her blood testing start-up company a gamechanger for healthcare, but it was all a scam.

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    #7NEWS

  • What happens when Elizabeth Holmes does not rehearse

    13:42

    The video footage shows Elizabeth Holmes of Theranos as she was interviewed by President Bill Clinton and Chinese entrepreneur Jack Ma. The footage was taken from:

  • Elizabeth Holmes fraud trial: Jury deliberations continue for third day

    2:50

    #ElizabethHolmes #Theranos #ElizabethHolmes
    Yahoo Finance legal reporter Alexis Keenan details the latest in the fraud trial of former Theranos CEO Elizabeth Holmes.

    Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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  • SNEAK PEEK: Nazis Next Door | 60 Minutes Australia

    1:07

    Subscribe here: Full Episodes: |

    Exposing Australia’s shame! Home-grown hate like we’ve never seen before. On 60 Minutes, the undercover operation that just got much more dangerous. Unmasking the neo-Nazis’ global network of terror.



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  • Theranos Founder Elizabeth Holmes Finally Faces Blockbuster Trial For Fraud

    11:41

    Theranos Founder Elizabeth Holmes Finally Faces Blockbuster Trial For Fraud

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  • Ex-Theranos CEO Elizabeth Holmes goes on trial in San Jose

    1:49

    The Stanford dropout who was once a Silicon Valley darling faces 10 fraud charges and two conspiracy charges. Her startup, Theranos, promised to revolutionize the medical world by diagnosing diseases with just a few drops of blood—but the technology didn't work. KPIX reporter Len Ramirez has more.

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  • Elizabeth Holmes Jury to Resume Deliberations After Holiday Break

    3:09

    After an extended holiday break, the jury weighing fraud charges against former Theranos CEO Elizabeth Holmes will get back to work Monday. Scott Budman reports.

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  • Could this be Australias answer to beating COVID once and for all? | 60 Minutes Australia

    24:46

    Subscribe here: Full Episodes: | Test of Patience (2021)

    Australians are enduring tough times. COVID 19-has roared across the country again, this time with delta force. While the vaccine rollout has continued to lurch from one bungle to the next, more than half the population has been living in lockdown. It’s not surprising that many people are not only confused but also starting to question if the country will ever emerge from this crisis. Even more frustrating is the never-ending bickering of state and federal politicians, who seem mostly interested in blaming each other for everything that’s gone wrong. But on 60 MINUTES, Tom Steinfort reports there is cause for hope. He meets some of Australia’s finest scientists, medicos and business leaders, who are focused on finding solutions and able to explain a clear path out of the mess.

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    #60MinutesAustralia

  • Theranos CEO Elizabeth Holmes on Trial | American Greed: The First 10 Minutes

    10:06

    American Greed reveals fresh details about one of the most infamous alleged corporate fraud cases of the 21st century – Theranos, now back in the news with the blockbuster trial of founder and former CEO Elizabeth Holmes. Former employees, whistleblowers and even a family friend-turned-foe provide new insights into the company’s leadership and the mysterious long-term relationship between Holmes and her top deputy, Sunny Balwani.

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    Theranos CEO Elizabeth Holmes on Trial | American Greed: The First 10 Minutes

  • Elizabeth Holmes: I found what I was born to do: Valley of Hype Yahoo Finance Documentary

    12:28

    #ElizabethHolmes #Theranos #ElizabethHolmesdocumentary
    Part 2/7 Valley of Hype: The Culture that Built Elizabeth Holms
    Elizabeth Holmes became the world’s youngest self-made female billionaire as CEO of her biotech startup, Theranos. The former Silicon Valley darling now faces criminal trial and 20 years in prison over the Justice Department’s charges that she used the once-hyped blood testing company to defraud investors.
    Yahoo Finance is turning the page on Theranos, examining arguments to be raised in Holmes’ defense and the culture that fueled her rise and fall. Interviews with a Theranos board member and employee who have never spoken out, as well as experts on Silicon Valley, raise the possibility that Holmes, rather than being a villain, is a victim of a Silicon Valley ethos that values a perfect pitch over proven results.
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  • Infectious disease expert warns of a pandemic of unvaccinated Australians | 60 Minutes Australia

    3:30

    Subscribe here: Full Episodes: | The Young Ones (2021)

    Infectious disease expert Dr John Gerrard, who treated Queensland's first cases of COVID-19, told 60Minutes reporter Tom Steinfort almost everyone will get infected with the virus if they do not get vaccinated.

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    #60MinutesAustralia

  • Elizabeth Holmes convicted of four counts of fraud over Theranos claims | 9 News Australia

    2:10

    Elizabeth Holmes has been found guilty of four counts of defrauding investors of the start-up Theranos, which falsely promised to detect hundreds of conditions like cancer and diabetes with just a few drops of blood. Subscribe and ????: | Get more breaking news at 9News.com.au:

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  • Pfizer Scientist Delivers Damning Testimony in Trial of Elizabeth Holmes

    1:59

    A scientist with Pfizer testified that his company rejected a deal with Theranos in 2008 because it wasn't
    getting straight answers from Theranos. Len Ramirez reports. (10-22-21)

  • Billions of taxpayer dollars wasted on booming business during COVID bailout | 60 Minutes Australia

    23:06

    Subscribe here: Full Episodes: | Cashing In (2021)

    There’s no such thing as free money, right? Wrong. At the start of the COVID pandemic last year, the federal government had to take urgent action to avoid economic oblivion. It came up with the JobKeeper scheme; a great success that gave struggling businesses billions of dollars to pay their workers. 700,000 jobs were saved, but more than 150,000 companies that weren’t in trouble – many of them actually thriving – still stuck their hands out and received 13 billion taxpayer dollars. They didn’t need it; it was money for nothing. What the businesses were doing wasn’t illegal and they’re allowed to keep the cash, but is it fair?

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  • Elizabeth Holmes texts to COO revealed to CNBC amid popular trial

    2:45

    CNBC has obtained nearly 600 pages of private text and Skype messages between former Theranos CEO Elizabeth Holmes and her then-boyfriend Sunny Balwani. CNBC's Yasmin Khorram discusses the text messages that shed a light into the Holmes-Balwani relationship. She also reports on the ongoing trial. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

    Former Theranos CEO Elizabeth Holmes believed in herself so much that she wrote in a text message to Ramesh “Sunny” Balwani proclaiming that she had “total confidence in myself best business person of the year.”

    The message to her then-boyfriend and Theranos President Balwani are among thousands of private texts and Skype messages obtained by CNBC that show Holmes had no lack of confidence in herself and Theranos, the blood-testing company she founded. They also reveal that Holmes told Balwani about courting high-profile investors who ended up giving Theranos hundreds of millions of dollars.

    “My new life as of this night and forever more: - total confidence in myself best business person of the year – focus – details excellence – don’t give what anyone thinks – engage employees in meetings by stories and making it about them (ie prepare well),” Holmes texted Balwani in November 2014 while discussing the full moon that evening.

    Ten minutes later, Holmes texted again: “No response?” Balwani responded: “Awesome. U r listening and paying attention…”

    That same month, Holmes texted Balwani: “Just finished calls. Alice Walton in for 50. Confirmed 100 Greg.” She is apparently referring to Alice Walton of Walmart fame. Greg’s identity is not clear. The Walton family eventually invested a total of $150 million in Theranos in 2014.

    Balwani responded, “Awesome. I was thinking today. They are not investing in our company they are investing in our destiny.” That turned out to be an ominous prediction given that Theranos shut down in 2018 and the pair are now accused of orchestrating a multimillion-dollar scheme to mislead investors and patients about Theranos.

    Holmes and Balwani each face 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. They have both pleaded not guilty. Holmes’ trial began last month. Balwani will face a separate trial next year.

    A few minutes later in the same text chain Holmes messaged Balwani: “Rupert over 100,” referring to media mogul Rupert Murdoch who is among the high-profile investors in Theranos. Murdoch invested $125 million in the company.

    “Can’t wait to learn more about conversation with Rupert,” Balwani texted in response. “Very good :)” Holmes said, adding “He would have met longer.”

    CNBC reached out to Walton and Murdoch. They did not respond. Some of the Theranos investors are expected to testify in the trial.

    The private messages, nearly 600 pages’ worth, span from June 2011 to July 2016. The texts also show specifics about the high-flying lifestyle Holmes and Balwani led while Theranos was bleeding hundreds of millions of dollars, according to financial reports.

    In March 2015, Holmes texted Balwani: “Mary Meeker trying to convince me to stay private, raise massive $$$ and go and think bigger.”

    Meeker is a well-known venture capitalist who is a partner at Bond Capital. She is famous in the tech industry for her annual Internet Trends report, a presentation of dozens of slides covering the hottest trends for investors. Meeker did not respond to CNBC’s request for comment.

    In a group text from April 2015, Holmes’ brother, Christian, messaged her and Balwani about an upcoming trip to Las Vegas: “Not sure if these are options but from dan : presidential suite at four seasons $3k,mandarin apex suite view of strip $3400 or presidential $15k, or encore junior suite $700 view of golf course.”

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  • Tyler Shultz reacts to Elizabeth Holmes verdict

    7:03

    Theranos founder Elizabeth Holmes was found guilty of four counts of defrauding investors in a federal court Monday. The verdict comes years after former employee Tyler Shultz first reported concerns to state regulators. Shultz reacts to Holmes' verdict on “CBS Mornings.”

    Each weekday morning, CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. CBS Mornings airs weekdays at 7 a.m. on CBS and 8 a.m. ET on CBSN.


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